Forum Topics TNE TNE Analyst Reponse

Pinned straw:

Added 2 months ago

Some initial broker responses:

  • GS from $18.10 to $18.85
  • Jeffries from $18.00 to $19.00
  • UBS unchanged on $16.40


GS (the only one I have the full note for) assumes PBT grows at just over 17% p.a. for the next two years. Seems about right. Never blowing the lights out, but also not underperforming. Steadily growing, high quality earnings.

More to come but, overall, mostly positive commentary, but the modest changes imply more was expected.

Disc: Held in RL

Bear77
2 months ago

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Not the full reports, but short summaries of them from FNArena.com.


Disclosure: I hold TNE in my largest real life portfolio, but not here. Average purchase price was $7.75/share, so very happy with their continued progress, as well as their aspirational targets that they set for themselves and seem to meet, sooner or later.

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